Unfortunately not all homes listed as VA REO have the option for financing through Vendee program (which is what happened in my case).To see if the home qualifies you just contact VRM and theyll tell you if it does or not.

@Tom Dean we have viable options in that price range in the Myrtle Beach market and around Conway (home of Coastal Carolina University). 

Or is it a trimmed down agreement (option to purchase)?

We have no plans to move back to Virginia and are looking at two options:1.

I am wanting to build a spec house on it but am curious about financing options.

Landlord’s only option to collect funds for damages is to take tenants to court.More and more tenants are only having a portion of their rent covered by S8, so landlords need to still screen S8 applicants for portion they must pay.Landlord cannot charge S8 tenants a portion of shared utilities – which can lead to the infamous tales of tenant retaliation against landlord by blasting heat on high with open windows during winter.S8 caseworker response times can be very slow, as they are usually overworked & underpaid.Again, overall it’s a pretty good deal for a landlord that does some decent screening.Exposing Section 8 Housing | Tenants From hell 243 - YouTubeLiberals Blame this Eviction on Landlord Despite the Before & After Footage | Tenants From Hell 241 - YouTubeMy first Baltimore buy & hold investment - SOLD (Lessons learned) (biggerpockets.com)Besides MANY self-labeled "gurus" exaggerating their success, many of them just supply readily available info.If you're too busy to find the info and are willing to pay for it, no problem as you accept their time vs money solution.REGARDING S8 GURU ISSUES SPECIFICALLYMost of them don't share all the facts about how Section 8 actually works.They claim you can get HIGHER rent from S8 tenants vs private-paying tenants.Why would the government allow our tax dollars to be spent this way?

Higher taxes can eat into your profit, so do your homework upfront.Financing options.

Multifamily is optimal, but out of reach for many due to the price.Other options include doing a rent by the room situation.

It not only provided more affordable housing options but also boosted local businesses.

4) Legal Options: who told you that you can't sue the LLC owner?